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Accounting Interview Questions
Questions Answers Views Company eMail

My Books of Accounts started from January 2013, I have opening Bank Balance Rs.1000/- Owner says this amount paid by one client in December 2012 appear in bank statement What is Accounting entry for the Accounting 2013 ?  

ABC,

1 4591

difference between tax invoice and retail invoice

Cruze Fitness,

2 7001

is vat applicable on services as well? please describe the services under vat?   

1 3226

Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

ABC, Wipro,

2634

What are the excise duties in our state?

2511

What is the penalty of non payment or late payment of Service Tax, VAT, TDS?

2932

what are the document that get created in procurement to pay process ?

Servis,

2 4899

can company can follow single entry system

SSI Small Scale Industries, Triveni,

5 8713

what is aspects of taxation?

1 3909

How to Automate requirment mapping in QC?

1991

What is the difference between Road permit and Way bill ?

1 13468

I am an employee in a IT Company. While filling out the form it prompts to fill - Details of Tax deducted at source from Salary (as per form16) and then it again prompts to fill - Details of Advance tax and Self Assessment Tax. if i fill both the columns, i get end result as 2 times of Tax i paid and a refund.

2569

what is the nagative good will?

FactSet Systems,

3 11456

What is negative goodwill?

Wipro,

3 9036

what is latest rate of vat cst service tax. what is contractor tds rate.

Vimal,

2 7449


Un-Answered Questions { Accounting }

which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes

1922


what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.

2199


Tell me what is public accounting?

1070


If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?

1682


Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored

1010


M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

1870


what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?

2257


What to do after the audit?

1098


All Interview related Questions pertaining to General Ledger,Finance & Accounts.

2861


what is use of cost center category in tally ? why & when use this ? what is benfit ?

2071


When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

2090


what is participation right is it a debt? or not?

2235


Mention the types of ledgers?

1167


April-25 Paid to Mr. Y in full Settlement by Cheque Rs. 4800. April-26 Received a cheque from Mr. B in full settlement Rs. 4900.

3411


what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?

2416